GBDC - I'm Buying 9% Yields Trading Close To NAV In This Pricey Market
2024-05-16 10:00:00 ET
Summary
- The overall market is performing well in May, but caution is advised for stocks with high valuations.
- Golub Capital and Starwood Property Trust are two picks that are trading close to their net asset values and offer high dividends.
- Both companies have strong portfolio performance, solid balance sheets, and potential for stable cash flow.
May has been a good month so far for the overall market, with the S&P 500 ( SPY ) and Nasdaq 100 ( NDX ) again nearing all-time highs. While that’s great for capital gains, I remain cautious around stocks trading at high valuations for the following reasons....
I'm Buying 9% Yields Trading Close To NAV In This Pricey Market